NIFTY IN LOVE TRIANGLE
Nifty is in Love Triangle. As every Love Triangle is painful, the same you might have felt on Friday. (Premium Killer moves on both sides).
It has to break on the upside (Break-Up) or Down side (Break-Down).
But as the Triangle breaks, any one becomes happy and one gets pain.
Here my bias is for the bear side. It is the Bear who will enjoy the BreakDown.
Call buyers will cry.
Monday will be the Put Buyers day. You will get to see a lot of Red color. Bloodbath. I am on Bears side. You choose yours..
It has to break on the upside (Break-Up) or Down side (Break-Down).
But as the Triangle breaks, any one becomes happy and one gets pain.
Here my bias is for the bear side. It is the Bear who will enjoy the BreakDown.
Call buyers will cry.
Monday will be the Put Buyers day. You will get to see a lot of Red color. Bloodbath. I am on Bears side. You choose yours..
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.